‘We will not survive’: Toyota, Honda and Ford CEOs issue chilling warning about China — and it could hit your portfolio
China has long been considered not only an ever-more-efficient manufacturing force to be reckoned with, but the "world's factory", responsible for upwards of 30% of total industrial production — and, its mastery of certain sectors, like automotive,…
VW to stop making its top electric vehicle in the US
DETROIT, April 9 (Reuters) - Volkswagen (VOWG.DE), opens new tab said on Thursday it will end production of the ID.4 electric SUV out of its Tennessee plant this month, citing a challenging time for the U.S. electric vehicle market. Automakers…
Brazilian court removes BYD from list of firms linked to forced labor
RIO DE JANEIRO, April 9 (Reuters) - A Brazilian court has issued an injunction removing Chinese automaker BYD, opens new tab from a government list of firms accused of employing workers in slavery-like conditions, a document seen by Reuters on…
China’s car exports accelerate despite disruption from Mideast crisis
BEIJING, April 9 (Reuters) - Car exports, an increasingly important source of growth for China's hyper-competitive auto sector, picked up pace in March despite shipment disruptions from the crisis in the Middle East, one of the industry's key…
Every VW Model Dropped In Sales
Volkswagen has a fresh lineup with a facelifted Golf, Jetta, and Taos. If that wasn’t enough new blood, the company launched a redesigned Tiguan not long ago. While you’d expect these models to help boost sales, this couldn’t be further from the…
GM job cuts loom in Oshawa
General Motors announced that they would lay off about 750 workers earlier in May 2025 at its Oshawa Assembly plant, as they made changes to shifts due to U.S. tariffs, according to the president of the union representing the workers. The plant,…